– Broc Romanek, CompensationStandards.com

Glad to see this memo from Aon Hewitt that drills down on the PCAOB’s new Standard #12 and it’s impact on the executive pay process…

– Broc Romanek, CompensationStandards.com

Register by this Friday, July 11th or lose your last chance for phased-in pricing for our combined “Annual Proxy Disclosure/Executive Compensation Conferences” on September 29th-30th. Join 2000 of your peers in Las Vegas and via video webcast for fantastic networking and over 50 panels. Act now for phased-in pricing – which expires July 11th – to get as much as 15% off!

The full agendas for the Conferences are posted — but the panels include:

– Keith Higgins Speaks: The Latest from the SEC
– Preparing for Pay Ratio Disclosures: How to Gather the Data
– Pay Ratio: What the Compensation Committee Needs to Do Now
– Case Studies: How to Draft Pay Ratio Disclosures
– Pay Ratio: Pointers from In-House
– Navigating ISS & Glass Lewis
– How to Improve Pay-for-Performance Disclosure
– Peer Group Disclosures: The In-House Perspective
– In-House Perspective: Strategies for Effective Solicitations
– Creating Effective Clawbacks (and Disclosures)
– Pledging & Hedging Disclosures
– The Executive Summary
– The Art of Supplemental Materials
– Dealing with the Complexities of Perks
– The Art of Communication
– The Big Kahuna: Your Burning Questions Answered
– The SEC All-Stars
– Hot Topics: 50 Practical Nuggets in 75 Minutes

– Broc Romanek, CompensationStandards.com

To be honest, I don’t give the time of day to the claims by Professor Steven Kaplan because he is so far out there with his views about CEO pay. CEO pay has fallen 40% since 2000? Gimme a break. Anyways, this blog by Francine McKenna does a nice job of laying out some of Kaplan’s ideas – and then she cites to other studies that refute each of them…

– Broc Romanek, CompensationStandards.com

Here’s a blog from Towers Watson on the tenuous start for pay-for-performance so far this year…

– Broc Romanek, CompensationStandards.com

Here’s an excerpt from the latest by Semler Brossy:

We have collected Say on Pay vote results for 97 additional Russell 3000 companies, bringing our total to 2,123. The average vote result for all companies in 2014 is 91%. One additional company failed since last week’s report; 48 companies (2.3%) have failed so far this year. Of companies with four years of Say on Pay votes, 1,462 (92.1%) have passed all four years, 105 (6.6%) have passed in three years and failed in one year, 15 companies (0.9%) have passed in two years and failed in two years, three companies (0.2%) have passed in one year and failed in three years, and two companies (0.1%) have failed all four years. Proxy advisory firm ISS is recommending ‘against’ Say on Pay proposals at 13% of companies in 2014.

– Broc Romanek, CompensationStandards.com

Four years after the SEC released its proxy plumbing concept release, the SEC Staff issued Staff Legal Bulletin #20 last night, which is in the format of 13 Q&As. The IM piece (Q&A #1-5) deals with the responsibilities of investment advisers to vote and hire proxy advisors. The Corp Fin piece (Q&A #6-13) deals with two exemptions from the proxy rules relied upon by proxy advisors. More to come tomorrow after the firm memos start rolling in. Thought this was gonna be a light week! And apparently so did everyone else because I haven’t seen any blog or law firm write this one up yet…